Kings, NBA encouraged by feasibility report

May 26, 2011, 11:06 pm
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May 26, 2011

The Sacramento City Council held a special session to analyze a new arena and entertainment facility. The release of the IconTaylor Sacramento Entertainment and Sports Complex feasibility report spurred statements from the Kings and NBA.

Kings co-owners Joe and Gavin Maloof issued the following statement:Were optimistic because both the political and public will are here. We all realize that the time is now to get this done so the region finally has a much needed events center of which we all can be proud.NBA Commissioner David Stern released the following statement:We are encouraged by the process and the overwhelming support of the Mayor, the business community and the citizens of the region. Like the Maloofs, we want to make this new entertainment and sports complex happen.The focus now is moving forward in developing a public-private partnership financing model that will bring a new arena to fruition. That is priority number one in Sacramento for all of us.